XY Planning Network Inc. Raises Stock Holdings in Amazon.com, Inc. $AMZN

Key Points

• XY Planning Network Inc. increased its holdings in Amazon.com, Inc. by 71.3% during the second quarter, owning a total of 6,548 shares valued at $1,437,000 after buying an additional 2,726 shares.
• Insider transactions involved CFO Brian T. Olsavsky selling 17,750 shares and CEO Andrew R. Jassy selling 19,872 shares, both on August 21, resulting in notable decreases in their respective holdings.
• Analysts have varied price targets for Amazon.com, with the average target now at $266.26, indicating strong confidence as the stock maintains a "Buy" rating from the majority of analysts.

XY Planning Network Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 71.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,548 shares of the e-commerce giant's stock after buying an additional 2,726 shares during the quarter. XY Planning Network Inc.'s holdings in Amazon.com were worth $1,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. BayBridge Capital Group LLC increased its stake in shares of Amazon.com by 1.6% in the second quarter. BayBridge Capital Group LLC now owns 8,055 shares of the e-commerce giant's stock worth $1,767,000 after buying an additional 123 shares during the period. Charles Schwab Trust Co increased its stake in shares of Amazon.com by 2.4% in the second quarter. Charles Schwab Trust Co now owns 8,669 shares of the e-commerce giant's stock worth $1,902,000 after buying an additional 206 shares during the period. SC&H Financial Advisors Inc. increased its stake in shares of Amazon.com by 48.3% in the second quarter. SC&H Financial Advisors Inc. now owns 5,549 shares of the e-commerce giant's stock worth $1,217,000 after buying an additional 1,806 shares during the period. Luminvest Wealth Management LLC purchased a new position in shares of Amazon.com in the second quarter worth $209,000. Finally, Hengehold Capital Management LLC increased its position in Amazon.com by 17.5% during the 2nd quarter. Hengehold Capital Management LLC now owns 16,003 shares of the e-commerce giant's stock valued at $3,511,000 after purchasing an additional 2,385 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the transaction, the chief financial officer owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,040,098 shares of company stock worth $3,204,129,405. 9.70% of the stock is owned by company insiders.

Amazon.com Price Performance

AMZN opened at $216.37 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.51 and a beta of 1.28. The company's 50-day simple moving average is $225.94 and its two-hundred day simple moving average is $211.82. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AMZN shares. Oppenheimer reduced their price objective on shares of Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Mizuho set a $300.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research report on Monday, September 29th. Pivotal Research boosted their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 1st. BMO Capital Markets boosted their price objective on shares of Amazon.com from $270.00 to $280.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. Finally, HSBC boosted their price objective on shares of Amazon.com from $256.00 to $260.00 and gave the company a "buy" rating in a research report on Monday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $266.26.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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